MARTINEZ — The former lead pastor of Oakley’s Live Oak Community Church pleaded guilty Wednesday to felony grand theft for fraudulently taking out a $110,000 mortgage on the church in 2008.

Arcadio “Larry” Pineda used the money to support a lavish lifestyle over a year, while collecting a salary and benefits totaling more than $40,000, deputy district attorney Ken McCormick said. Among the things he used the money for was a $7,000 vacation to Israel, a $500 subscription to GOD TV, nightly dinners out, payments to get listed in the Who’s Who publication of prominent people, and DMV bills for his Jaguar XJ.

He also bought a new trailer that he hid on his Oakley property, while the church was using a dilapidated trailer made of plywood.

“He took all that money and lived like the pope of Oakley,” McCormick said. “He’s just a greedy, dishonest person — milking the church, getting a salary and being very secretive about it all. The church is still on the hook to repay that loan.”

Pineda, a 67-year-old Oakley resident, was fired from the church after the scam was discovered in March 2009. His trial was nearing the jury-selection phase Wednesday when he accepted a plea deal.

The DA’s office dismissed two felony counts of filing false documents in exchange for Pineda’s plea to felony grand theft.

The dismissed charges involved falsified paperwork that Pineda filed with Contra Costa County and the state to give himself the authority to obtain the mortgage loan, which he then deposited in his personal account, McCormick said.

Judge Mary Ann O’Malley sentenced Pineda on Wednesday afternoon to 210 days in jail and five years of formal probation. The Sheriff’s Office is considering whether to allow Pineda, who had no prior criminal record, to serve his jail sentence through electronic home detention, McCormick said.

“Pastor Larry settled this matter in a manner that will allow him to repay the debt that the congregation and the government feels is owing,” Pineda’s attorney, Anthony Ashe, said Thursday.

No one returned a call seeking comment left on the church’s voice mail Thursday.

A restitution hearing to determine how much Pineda must pay back the church is scheduled for Jan. 13. Meanwhile, the church has an ongoing lawsuit against Pineda, according to the church’s attorney, Mark Mitchell.